Well we'll just have to wait and see then won't we.
Because things like LCD sales and blu-ray and video games and other stuff that aren't essentials are still going, a little depressed, but not a collapse, sales at specialty and gourmet and upscale locations hasn't died out, yes things are despressed, as is expected in the recession, but it isn't a meltdown at the moment.
Leading indicators tend to be a composite, which is why I put a little more stock in them, now you're right its not enough on its own, that is why I didn't say that its certain the recession is over, i'm just saying I believe it will be over next year, I may be wrong, it has happened on occaision.
Predictions:Sales of Wii Fit will surpass the combined sales of the Grand Theft Auto franchiseLifetime sales of Wii will surpass the combined sales of the entire Playstation family of consoles by 12/31/2015 Wii hardware sales will surpass the total hardware sales of the PS2 by 12/31/2010 Wii will have 50% marketshare or more by the end of 2008 (I was wrong!! It was a little over 48% only)Wii will surpass 45 Million in lifetime sales by the end of 2008 (I was wrong!! Nintendo Financials showed it fell slightly short of 45 million shipped by end of 2008)Wii will surpass 80 Million in lifetime sales by the end of 2009 (I was wrong!! Wii didn't even get to 70 Million)
